Amerisource Business Capital closed and funded a $1 million credit facility for a grease and lubricant manufacturer in Texas.

Proceeds from the facility were used to support working capital and business growth.

Allison Billings, market manager for Amerisource, stated, “We are excited to welcome this new client to the Amerisource family. We were able to underwrite the transaction very quickly and deliver the exact structure the company was looking for.”